| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Tg Kupang
|
RM 1,392,000
|
RM 129
|
10,828 sqft
|
|
|
|
Off Jalan Tg Kupang
|
RM 3,309,000
|
RM 306
|
10,828 sqft
|
|
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Market Snapshot
CommercialRM 2,350,500
RM 217 psfMedian transaction price
PTD 15346, Jln Tanjung Kupang, 81550 Gelang Patah, Johor Darul Ta'zim, Malaysia
MapsSummit Commercial Hub@Gelang Patah in Pontian, Johor recorded 2 subsale transactions in 2023, with a median price of RM 2.35 million and a median price per square foot (PSF) of RM 217.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.35 million, with most transactions falling within a stable range of RM 1.39 million to RM 3.31 million, and a typical market range of RM 2.22 million to RM 2.48 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 217, though individual units vary from RM 129 to RM 306 in the core range. The broader market spans RM 139.07 to RM 295.07, indicating diverse property characteristics. A wider spread (IQR: RM 156.00) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.